Ayala Land banking on premium segment

PROPERTY giant Ayala Land Inc. is banking on continued brisk demand in the premium market, which saw residential reservation sales rise in the first quarter of the year, to sustain overall growth.'The premium residential segment has remained the most robust since the pandemic,' ALI President and CEO Anna Ma. Margarita Bautista-Dy said last Friday.

3 billion, up 20 percent year on year and 19 percent quarter on quarter, driven by the robust demand in the premium and vertical segments.'It's really focusing on the right segment, capitalizing on our capabilities in that segment, and having a good lineup of projects,' Bautista-Dy saidAlveo Land, ALI's brand for upscale properties, reported all-time high reservation sales of P12.7 billion from January to March, thanks mainly to horizontal development launches.

Source: News Formal (newsformal.com)

Land Banking On Premium Segment

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